>>> US Research Calls I

Research Calls I
  • Upgrades:
    • Antero Resources (AR) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt $44
    • Braskem SA (BAK) upgraded to Buy from Neutral at Citigroup
    • BioMarin Pharmaceutical (BMRN) upgraded to Outperform from Mkt Perform at Bernstein; tgt raised to $110
    • Banco Santander Chile (BSAC) upgraded to Neutral from Sell at Goldman; tgt raised to $21
    • Range Resources (RRC) upgraded to Sector Outperform from Sector Perform at Scotiabank; tgt $45
  • Downgrades:
    • AbCellera Biologics (ABCL) downgraded to Hold from Buy at The Benchmark Company
    • Alight (ALIT) downgraded to Neutral from Overweight at JP Morgan; tgt $8
    • AvidXchange (AVDX) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $9
    • Bancolombia S.A. (CIB) downgraded to Sell from Neutral at Goldman; tgt lowered to $32
    • JPMorgan Chase (JPM) downgraded to Outperform from Buy at Daiwa Securities; tgt $240
    • Stride (LRN) downgraded to Neutral from Buy at Citigroup; tgt raised to $90
    • Woodside Energy Group (WDS) downgraded to Mkt Perform from Outperform at Bernstein
  • Others:
    • Advanced Micro (AMD) initiated with a Buy at Edward Jones
    • Abercrombie & Fitch (ANF) positive catalyst watch opened by Citi
    • Concentra Group Holdings Parent (CON) initiated with an Outperform at RBC Capital Mkts; tgt $33
    • MediaAlpha (MAX) initiated with a Buy at Goldman; tgt $20
    • Porsche (POAHY) resumed with a Mkt Perform at Bernstein
    • Sonic Automotive (SAH) initiated with a Buy at Needham; tgt $73
    • Vista Energy (VIST) initiated with an Overweight at JP Morgan; tgt $68